Reporting and analysis on retail, e-commerce, and consumer trends in India, updated continuously by our newsroom.
Chinese lifestyle brand Yoyoso has partnered with Indian retail operation Tablez to bring its outlets to India. Ma Huan, president of Yoyoso, said Indian is one of the most important parts of the global market for the business. “It’s a great opportunity for…
Chinese electronics retailer Gome is to expand into India. The move will involve opening a manufacturing centre in India in order to sell its locally made branded products on the Indian market, which will include appliances, smartphones, and televisions to be…
Ikea’s blue-and-yellow stores are instantly recognizable: iconic, monolithic and now, as India’s first store throws open its doors to the masses, operating in more than 400 stores in some 50 countries. But while every branch of the world’s largest furniture…
Expanding its infrastructure footprint in India, online retail major Amazon India on Tuesday opened its largest fulfilment centre (FC) in Haryana with a view to enhance customer experience ahead of the festive season. Spread over close to 300,000 square feet…
IKEA, the world’s leading Swedish home furnishing retailer will open the doors of its Hyderabad store, its first in India to customers at 10:00 a.m. today. This is a landmark moment for IKEA after it got FDI approval in 2013 that allowed 100 percent FDI for…
The Fung family has invested US$35 million in Indian technology platform ShopX. The funds came from Fung Strategic Holdings a member of Fung Investments, the private investment vehicle of the families of Dr Victor Fung and Dr William Fung. ShopX is described…
Indian American business executive Indra K. Nooyi will step down as the Chief Executive of food and beverage major PepsiCo Inc in October, the company said on Monday. According to the US-based multinational, Nooyi, 62, will step down on October 3 after 24…
The retail industry is competitive, it’s relentless and the success of brands and retailers depends on how firmly they deal with their competition. One way to stay ahead of the curve is the incorporation of technology in a brand’s operating model. Technology…
Amazon India is all set to celebrate the country’s spirit of independence with the ‘Amazon Freedom Sale’ from 12 am (midnight) on August 9 to 11:59 pm on August 12, 2018. With over 20,000 deals on Smartphones, Consumer Electronics, Fashion, Large Appliances,…
FMCG major Nestle India has reported 49.95 percent jump in net profit at Rs 395.03 crore for the second quarter ended June 30, helped by lower expenses. According to a PTI report: The company, which follows January-December financial year, had posted a net…
JLL, one India’s largest professional real estate services firm, in their half yearly update note that net absorption in H1 2018 for retail space has seen a rise of over 75 percent year–on–year (y-o-y) recording a total absorption of 1.9 million square feet…
Any group company of an online retailer or marketplace may not be allowed to directly or indirectly influence the price or sale of products and services on its platform, a recommendation in the initial draft of a national e-commerce policy suggests. The…
Jennifer Lopez’s capsule collection cosmetic that she has made for brand Inglot Cosmetics is now available in India and the singer-actress says the entire range is filled with all her go-to products in her favourite colours. The 70-piece collection ranges…
Numero Uno, one of India’s first indigenously manufactured denim labels, has always been a strong believer of sustainable fashion. Adding to their commitment towards the global green movement, the brand has recently launched its one glass water denim…
India’s leading online fashion brand, Jabong, has announced the dates of its much awaited Big Brand Sale (BBS). The 4-day shopping extravaganza will be held between the July 27-30, with discounts ranging from 55-80 percent, across all product categories. The…
Japanese consumer electronics major Panasonic is aiming for revenues of Rs 12,300 crore in India this fiscal, driven by its refrigerator and TV businesses. Panasonic India reported revenues of about Rs 10,500 crore in the previous financial year.The company…
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